Executive summary
On 25 May 2021, Italy’s Law Decree n. 73 of 25 May 2021, referred to as the “Sostegni-bis” decree (the Decree), was published in the Official Gazette and entered into force on the same day. While effective immediately, the Decree will have to be converted (with potential changes) into Law within 60 days from its publication to remain in force. Some implementing measures will follow.
The Decree introduces additional economic measures in response to the COVID-19 crisis by pledging…